Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

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REITs start to look cheap, attractive

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Real estate investment trusts are starting to look more appetizing to investors after REITs left a sour taste in their mouths from market volatility. Annaly Capital Management (NLY) is an example of a shining light in the segment and one of the better REITs. Per Barron’s Blog:

DoubleLine Capital‘s Jeff Gundlach  was again praising mortgage real-estate investment trusts now that they’re trading at significant discounts to book value following a months-long rout. Gundlach, ever the opportunistic investor, had still been down on REITs not even three months ago based simply on valuation, but now he likes them at current values.

Source: Barron’s
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